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Commercial Storefront for Sale 610 E Fearing St 1,219 SF 100% Leased Retail Building Elizabeth City, NC 27909 $228,250 ($187.24/SF)



Executive Summary
Invest in the heart of Downtown Elizabeth City with this newly renovated historic commercial space, ideal for owner occupancy or rental income. Offered at $228,250, this 1,219 sq ft one-story unit features a charming historic façade and prime storefront location just steps from Water Street and the Pasquotank River. The space includes an open retail/showroom area, one private office, and a restroom. Part of a newly recorded six-unit condominium, with declaration and boundary survey included. Current tenant vacates April 1; unit is being advertised at $1,730/month, offering immediate income potential. Built in 1945 and fully renovated from 2020-2022, including new framing, electrical, plumbing, HVAC, TPO roof, and fire suppression system. Zoned Central Business District and surrounded by local shops and restaurants. A rare opportunity to own a turnkey historic downtown asset.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
1,219 SF
Building Class
C
Year Built/Renovated
1945/2022
Price
$228,250
Price Per SF
$187.24
Percent Leased
100%
Building Height
1 Story
Building FAR
0.45
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
CB - Commercial Business
Moderately walkable
60/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 891308992187 | Improvements Assessment | $121,100 |
| Land Assessment | $63,200 | Total Assessment | $184,300 |
Property Taxes
Parcel Number
891308992187
Land Assessment
$63,200
Improvements Assessment
$121,100
Total Assessment
$184,300
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Commercial Storefront for Sale | 610 E Fearing St
